- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Japan cancels 10-yr gov't bond sale for March
Posted on 2/2/16 at 3:30 pm
Posted on 2/2/16 at 3:30 pm
First time in history this has happened in Japan according to reports. Trying to wrap my head around the effects of negative interest rates.
LINK
quote:
TOKYO -- The planned March sale of 10-year Japanese government bonds through banks to retail investors, municipalities and others will be canceled amid expected below-zero yields following the Bank of Japan's recent move to adopt negative interest rates.
The Ministry of Finance is expected to announce Wednesday the first-ever decision to call off sales of 10-year JGBs.
The JGBs in question are sold through Japan Post Bank and regional banks in 50,000 yen ($415) units. The holder can cash out this new type of bond ahead of maturity. With the ministry already having suspended sales of two- and five-year instruments, all sales will end. But variable-rate 10-year JGBs for retail investors will still be offered.
LINK
1
Posted on 2/2/16 at 6:29 pm to LSU1NSEC
quote:
below-zero yields
So you purchase the bond and you get a "dividend" of an invoice due payable to the bond-issuer for the privilege of you holding the bond?
There must be some tax benefit?
This post was edited on 2/2/16 at 6:30 pm
Posted on 2/3/16 at 8:19 am to soccerfüt
It's a bet on currency appreciation and a safe place to stow cash in the midst of financial sector troubles.
A 10 year bond would still have a positive yield in a negative short term interest rat environment.
A 10 year bond would still have a positive yield in a negative short term interest rat environment.
Posted on 2/3/16 at 9:35 am to TheHiddenFlask
Nikkei is crashing and burning. Wow.
Down over 1000.
Down over 1000.
Posted on 2/3/16 at 9:43 am to LSU1NSEC
quote:
Nikkei is crashing and burning. Wow.
Down over 1000.
The Nikkei Index has been closed for several hours. It closed down 559 points on Wednesday. Are we looking at the same thing?
Posted on 2/3/16 at 9:44 am to LSURussian
Posted on 2/3/16 at 9:56 am to LSU1NSEC
So you're looking at the futures. Thanks.
Posted on 2/3/16 at 9:58 am to LSURussian
Asia looks nasty.
Posted on 2/3/16 at 10:20 am to LSURussian
Ok, so it crashed and burned. Cut the man some slack! 
Posted on 2/3/16 at 4:49 pm to TheHiddenFlask
Federal Reserve wants to test how U.S. Banks would handle negative interest rates. Hmmmm.
Bloomberg Business
quote:
As interest rates turn negative around the world, the Federal Reserve is asking banks to consider the possibility of the same happening in the U.S.
In its annual stress test for 2016, the Fed said it will assess the resilience of big banks to a number of possible situations, including one where the rate on the three-month U.S. Treasury bill stays below zero for a prolonged period.
Bloomberg Business
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News